A shift from traditional rocket fuel towards technologically efficient rocket fuel is the major trend witnessed in the . The technological advanced rocket fuel contains a molecule that has the potential of boosting rocket fuel efficiency by 20 to 30% compared to the current fuel.
High price is identified as main restraints in the hydroxyl-terminated polybutadiene market, which is expected to hinder the market growth in the coming years. The high price of the polymer is significantly higher as compared to solid polybutadiene rubber, which is expected to directly affect it usage by small manufacturers.
Growing application of the polymer in the construction industry is expected to create growth opportunities in the hydroxyl-terminated polybutadiene market for the industry players. In housing application, it is used in sealing compounds in double and triple glazing for the improved insulation, which is fueling its demand in the market.
Some of the major players operating in the global hydroxyl-terminated polybutadiene market are CRS Chemicals, Emerald Performance Materials LLC, Total Cray Valley, Evonik Industries AG, Aerocon Systems Co., RCS Rocket Motor Components Inc., Zibo Qilong Chemical Industry Co. Ltd., and Mach I Inc.
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